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Please teachers answer the question in 10 mins i begg you please help me A bond with a coupon rate of 20%, paid quarterly, and
Please teachers answer the question in 10 mins i begg you please help me
A bond with a coupon rate of 20%, paid quarterly, and 5 years to maturity is being offered in the market. If bonds with similar risks are currently being paid 3%, what is the price you would pay for this bond?
$1440 | ||
$1000 | ||
$1786 | ||
$1325 |
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